Retirement Planning Quotes

Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.

Automate your savings so that you have money taken directly from each paycheck and deposited into a 401(k) or other workplace retirement account. If that's not an option, automatically have money transferred out of checking into savings each time you get paid.

You become financially free when your passive income exceeds your expenses.

Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.

History told me that you just keep working, and it is easy to make more money.

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

If you don't want to work you have to work to earn enough money so that you won't have to work.

I look back to the Great Depression, and what Roosevelt was able to do in very difficult times, to get Social Security through back in the time when it was seen as - well, it wasn't what it is today. It was sort of a last-ditch, if you really need it, you got it, but, today, it's much more a part of your retirement program.

I have only ever borrowed money for investment. I have been sound money all my life.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

Once I retire, I'm retiring. I'm done.

In other words, Social Security is every bit as insecure as the stock market.

It's good to give seniors more choices and more options, let them choose a plan that's best for them and target assistance to the lowest income people.

I feel like I grew up in the investment business. My dad was at T. Rowe Price his whole career. We lived in Baltimore and had a small social circle, so most of my dad's friends also worked for T. Rowe.

People think retiring is fun. Well, maybe, but if you have a certain kind of fire inside, there is no end in sight.

I don't spend my life making money to spend tomorrow, or to acquire possessions.

I think it’s a nutty idea to fool around with the Social Security system and run the risk of hurting the people who have been saving all their lives…. It may be a new idea but it is a dumb one.

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.

Efficient spending and saving will give the family more security, more opportunities, more education, and a higher standard of living.

To retire is to die.

Life is short and so is money.

If you don't find a way to make money while you sleep, you will work until you die.

I just want to retire before I go senile because if I don't retire before I go senile, then I'll do more damage than good at that point.

When I do retire, I am going to go back to Italy.

I've never thought about the end of my career. I've had this growing motto in my life to live day to day - and when you live day to day, it's hard to talk years.